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Taiwan hopeful for talks with China

TAIPEI, Taiwan, Jan. 23 (UPI) -- A Taiwanese official says his country is hopeful that the Chinese mainland will take part in a round of negotiations on a number of crucial matters.

Liu Te-shun, the spokesman for Taiwan's mainland affairs council, said Thursday the proposed talks would focus in part on financial cooperation between China and its Taiwan territory, China's official state-run Xinhua news agency reported.

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Among the key financial discussion points would be industries such as insurance, along with banking, securities and futures, Liu said.

The official said other main talking points that Taiwanese officials hope to speak about with their Chinese counterparts include crime prevention, Chinese investments in Taiwan and regular flights across the Taiwan Strait.

Liu said Taiwan would like to begin the round of talks after next Monday, which marks the traditional Lunar New Year.

China's Association for Relations Across the Taiwan Straits would work with the Straits Exchange Foundation of Taiwan to coordinate the talks, Xinhua reported.

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